Hutchinson County, SD Land Auction

280 +/- Acres North Clayton Township

Thursday, January 18, 2018 10:30 A.M.

TRACT 1 SOLD FOR $4,300 PER ACRE

TRACT 2 SOLD FOR $7,000 PER ACRE

TRACT 3 SOLD FOR $5,700 PER ACRE

We will sell the following real estate at public auction on the land site of Tract 3. From Clayton, SD, 1 mile north on 427th Ave., 2 miles west on 271 St to tract # 3. All three tracts will be sold at the tract 3 location. In case of inclement weather please check our website or listen to WNAX radio.

Attention farmers and investors, if you’re looking to expand your farming operation or for an investment, make plans to attend this sale! The land is currently in a corn/soybean rotation and will be available to farm for the 2018 crop year. All tracts are within ½ mile radius of each other and have been in the Keiper family for over 100 years! Don’t miss this opportunity!

Tract 1: 40 acres: Legal Description: NE ¼ NE ¼ 28-100-58, Hutchison County, SD. Tract 1 is located from Clayton 1 mile north on 427th Ave., 2 miles west on 271 St. Soil Rating: .796. The FSA estimates there is 38.08 acres of cropland with a 17.1 acre corn base with a 108 bu. PLC Yield and a 16.8 acre soybean base with a PLC Yield of 36. According to Surety/Agridata the land has a productivity rating of 71.6. Predominate soils include Hand Loam 3-6% slopes, Tetonka silt loam, and Clarno-Ethan-Bonilla 2-9 % slopes. Taxes: $579.40.

Tract 3: 160 acres: Legal Description: NW ¼ 27-100-58, Hutchinson County, SD. Soil Rating: .824. The FSA estimates there is 142.29 acres of cropland with the balance in trees, building site and road. This tract has a 73.5 acre corn base with a 108 bu. PLC yield and a 65.6 acre soybean base with a 36 bu. PLC yield. According to Surety/Agridata the land has a productivity rating of 80.9. Predominate soils include Clarno-Bonilla loams 0-2% slope, Clarno 2-6%, and Hand loams 3-6%. Taxes: $3058.10.

TERMS: 15% nonrefundable down payment with balance due at closing on or before March 1, 2018. Possession at closing. Title insurance and closing costs split 50/50 between buyer and seller. 2017 taxes due in 2018 paid by the seller. 2018 taxes due in 2019 to be paid by buyer. The new buyer will cooperate with the seller to complete a 1031 exchange. The acres in this property are based on county tax records. The sellers do not warranty or guarantee that the existing fences lie on the true and correct boundary and new fencing, if any, will be the responsibility of the purchaser pursuant to SD statutes. The property is sold in as is condition and as a cash sale with no financing contingency. Sold subject to existing easements, restrictions, reservations, or highway of record, if any. Information is deemed to be correct but it is not guaranteed. All prospective buyers are encouraged to inspect the property and verify all data provided. Statements made the day of sale take precedence over all written advertising. Real Estate licensees are agents for the seller. Sold subject to confirmation of owner.